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Low Consumer Confidence Hit China?s Auto Makers
Dec 29, 2008 - Chinese auto sales tumbled 14.6% in November 2008 with weak consumer confidence under pressure from global economic turmoil. As consumer confidence further weakened under reeling pressure of economic meltdown, auto sales in
2009 Sales Projection Weak for South Korean Automobile Industry
Dec 18, 2008 - In 2009, under tight finance market, consumer footfall to showrooms may not be enough to keep the South Korean automobile sales up. Korea Automobile Manufacturers Association (KAMA) presented a negative outlook for the
Japan: Third Successive Monthly Decline for Auto Industry
Dec 17, 2008 - Japan’s automobile sales recorded third consecutive monthly decline in October 2008, as demand from the domestic and US market is reducing due to the economic crisis. According to the Japan Automobile Dealers’
Indian Two-wheeler Manufacturers to Face Dark Future
Dec 11, 2008 - Sales of two-wheelers in India are expected to decline by 10% in 2009 due to gloomy economic conditions, rising material costs, inflation and lack of credit. The two-wheeler industry of India is likely to suffer a 10% decline in
South Africa Auto Industry Experiencing Decline in Sales
Dec 11, 2008 - Sales of new vehicles in South Africa fell down in October 2008, following the increase in the price of new vehicles, inflation levels and shattering consumer confidence. According to the National Association of Automobile
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